This presentation will provide an overview of the specific 1135 Waivers by industry through the latest updates issued by CMS as of 5/15. We will provide a real time impact on COVID-19 for publicly traded companies within the industry and provide VMG Health’s perspective on the impact to operations with regards to 1135 Waivers. We will provide insight on the potential value considerations one should take when analyzing a business in the specific sub-industry. Sub-industries covered include physician practices, hospitals, ambulances, end-stage renal disease, long-term care facilities, home health/hospice, inpatient rehabilitation, and long-term acute care hospitals.